Guardians Real Estate Advisory has achieved a remarkable feat this Diwali season, reporting the sale of 243 units across Mumbai Metropolitan Region (MMR) and Pune, totalling an impressive 1.60 lakh square feet of carpet area. This milestone resulted in a sales turnover of over Rs 361 crore, further reinforcing the festive season’s growing influence on the real estate market. The figures reflect the ongoing trend where homebuyers are increasingly turning to real estate as a preferred investment option during auspicious times.
The sales breakdown indicates widespread demand across key regions, with the highest number of sales recorded in Kalyan Dombivli Municipal Corporation (KDMC) and Navi Mumbai, where 85 units were sold. Other prominent areas included SOBO with 38 units, Central and Thane with 58 units, and the Western Region with 46 units. Pune also saw a noteworthy contribution with 16 units sold, highlighting the broader geographical appeal of the market. This strong performance underscores the sustained buyer sentiment across both residential and commercial segments.
The Diwali season has long been associated with gold purchases, but there has been a clear shift towards real estate as a key investment choice. Guardians Real Estate’s Diwali sales come on the back of earlier strong performances this year, including Rs 515 crore in sales on Akshay Tritiya and Rs 350 crore during Dussehra. This shift reflects a change in how Indian buyers view real estate, with increasing awareness of its long-term stability and potential for capital appreciation.
Looking ahead, this festive performance positions MMR as a significant destination for real estate investments, underscoring its resilience despite fluctuating economic conditions. As urbanisation continues to accelerate in the region, property investments offer both emotional and financial rewards, offering a sense of stability amidst the volatile market. Moreover, the growing trend of sustainable real estate development and eco-friendly homes adds a layer of responsibility to these investments, helping contribute to a more sustainable future for urban India.